Member Info for Ammu123

BUY BUY cheap sub £1

For newbies

Cuppcakes, Roberto and Matt same person

Agree, ASOS making gradual improvements in the right direction

BUY and hold

Agreed crazy over reaction

Re rating should happen here with mcap only 300m for business generating EBITDA of £130m++ + £2b revenues

Jordi,

for someone in your own word heavily in capita and small holding in here you seem to spend a lot of time on Asos board for some strange reason...

strange

MCAP of 300m only for Adjusted EBITDA expected to be towards the lower end of the £130m to £150m guided range

ASOS' financial performance in FY25 reflects the success of its strategic progress:

· Gross profit margins up c.350bps YoY, driven by the successful commercial model implementation, focusing on higher full-price sales mix and lower markdown activity.

· Scaling strategic models: In FY25, Test & React reached more than 20% of own-brand sales, and flexible fulfilment reached 10% of third-party GMV, enabling it to bring customers the best, most relevant product faster and more efficiently.

· Operational and cost efficiencies delivered meaningful improvements particularly across its supply chain, through a series of wide-ranging initiatives including reducing the causes of unnecessary returns, renegotiation of key distribution contracts and optimising its warehouse footprint, leading to significant multi-year savings in FY26 and beyond. Distribution and warehousing cost-to-serve is down c.3ppts over the last two years, with further opportunities identified.

· Adjusted EBITDA up more than 60% YoY, expected to be towards the lower end of the £130m to £150m guided range, driven by higher gross margin and continued cost efficiency, resulting in an adjusted EBITDA margin of more than 5%, in line with consensus. During H2, ASOS delivered meaningful cost actions which, while not delivering a material benefit during the period, have permanently lowered ASOS' exit cost base, positioning the Company to realise significant annualised savings in FY26.

· Profitability improvements delivered amidst lower sales: Lower than expected GMV, with group revenue slightly below consensus estimates, as the Company continues to focus on higher quality sales against a soft consumer backdrop.

· Profit per order increased by c.30% YoY, underscoring the fundamental reset in unit economics achieved through focusing on creating sustainably profitable relationships with customers.

· Free cash flow: Delivered a modest free cash inflow in FY25, ahead of broadly neutral guidance.

Extremely undervalued this

13-Nov-25 Peel Hunt Limited Add - 335.00 Reiteration

13-Nov-25 Berenberg Bank Buy 600.00 600.00 Reiteration

Robertos desperate

News must be soon !

More crap from Simon as usual.

Another one that's always negative

Agreed decent improvement in profits which markets seems to ignore at this point....

This surely should be in the 400's or higher

Buy

Decent update and manage to generate fcf

"Thank you for the profits"

but you told everyone you're not shorting LMAO

Are you sure that's not your mum ?

Why so desperate?

The desperation from Roberto is mental.

why is he so desperate lol

Shore Capital has reiterated its buy recommendation on ASOS PLC (LSE:ASC) after the relaunch of Topshop, an iconic UK brand the online retailer acquired in 2021.

The relaunch, which included a catwalk in Trafalgar Square featuring Cara Delevingne, marks the brand’s return to a standalone website with plans for a renewed physical presence.

Topshop was once a staple of the British high street, generating over £1 billion in sales and £100 million in profit at its peak.

ASOS later sold 75% of the brand to Heartland, a retail group with 2,800 stores worldwide, for £135 million, while retaining a 25% stake. In its last financial year, Topshop contributed about 5% of ASOS sales, equating to roughly £200 million.

A strategy beyond fast fashion

Analysts at ShoreCap view the Topshop relaunch as a positive step in ASOS’s strategy to reposition itself away from fast-fashion rivals such as Shein.

The group is aiming to offer fewer, more curated items and to focus on quality and relevance rather than the mass-volume model.

ShoreCap also highlights recent improvements in stock management, operations and the use of artificial intelligence to enhance both customer experience and fulfilment.

ASOS has guided to EBITDA growth of at least 60% this year, between £130 million and £150 million, with margins at 5%. In the medium term, it is targeting a return to revenue growth and adjusted EBITDA margins of 8%.

Valuation appeal

Despite ongoing challenges from weak consumer confidence and intense online competition, ShoreCap points out that ASOS trades on just six times forecast enterprise value to EBITDA, compared with a peer average closer to ten times.

With improving profitability, lower capital expenditure as a share of sales, and free cash flow expected to turn positive after this year, the broker sees significant upside potential.

The shares were up tuppence at 309.5p.

Https://www.proactiveinvestors.co.uk/companies/news/1076876/asos-rides-on-topshop-relaunch-as-broker-reiterates-buy-1076876.html